H. L. ORMOND & COMPANY, LLC

RIASEC RegisteredEst. 2021
Total AUM
$401M
Discretionary
$384M
96% of AUM
Avg account
$335K
Accounts
1,199
Employees
7
Advisory reps
3

Firm details

Headquarters
GREENVILLE, North Carolina
CRD number
313593
Registered since
April 16, 2021
Custodians
RAYMOND JAMES & ASSOCIATES, INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI76.33%
  • Individuals13.52%
  • Pension & Profit Sharing Plans5.73%
  • Corporations / Businesses2.97%
  • Charitable Organizations1.45%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

H. L. Ormond & Company, LLC is an independent registered investment advisor organized as an LLC and SEC-registered in 2021. The firm identifies as a capital allocator and serves both individual/family and institutional clients. Its fee arrangements include percentage-of-AUM charges and fixed fees. Core advisory services are financial planning, portfolio management for individuals and small businesses, and the selection of external advisers. The firm is not positioned as an active ESG investor and lists an industry affiliation with an insurance company.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 65%, Exchange Traded Equities 27%, Cash & Cash Equivalents 8%65%
  • Public Funds/Mutual Funds65%
  • Exchange Traded Equities27%
  • Cash & Cash Equivalents8%

Contacts

3 of 3
  • HERBERT ORMOND

    PresidentCRD 1526791

  • SHARON DEW

    Senior Client Service AssociateCRD 4801372

  • MICHELLE COREY

    Vice PresidentCRD 2674014

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 23

Active vs passive

$13.7M in ETFs

Passive

95%

$13M

Active

5%

$711K

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES IBONDS DEC 2030 TERM TREASURY ETF (IBTK)BlackRockPassiveTarget Maturity$1.3M65,3929.37%

Location

Primary office

GREENVILLE, NC

PITT

Location

GREENVILLE, NC

Headquartered in GREENVILLE, NC, anchoring the Greenville-Kinston-Washington, NC metro in the South.

Metro area
Greenville-Kinston-Washington, NC
Region
South
County
PITT
Address
1001 Conference Dr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth